Airbus Group SE (AIR.PA)
24 Feb 2017
LONDON, Feb 24 British Airways owner IAG looks set to order Airbus's new long-range A321LR aircraft for its Irish carrier Aer Lingus, as transatlatic competition hots up with the deployment by low-cost newcomers of similar single-aisle aircraft.
VIENNA, Feb 24 Austria said on Friday that Vienna prosecutors had initiated a formal criminal investigation against Airbus and the Eurofighter consortium over alleged fraud, widening the potential fallout from a $2 billion combat jet order more than a decade ago.
Airbus has called for a European ministerial meeting to address the latest problems engulfing the A400M military plane, saying its own viability is at stake as it seeks government help to contain fresh losses on Europe's largest defense project.
FRANKFURT, Feb 23 AirMap, which has rocketed to become the world's top air traffic management software platform for drones, is raising $26 million in new financing from the venture arms of top tech firms ranging form Microsoft to Airbus.
PARIS Airbus called on Wednesday for new talks with European governments to ease "heavy penalties" for delays to its A400M military aircraft, after taking a fresh 1.2 billion euro ($1.3 billion) charge for Europe's largest defense project. | Video
* Requests new talks with European buyers to ease cash problems
PARIS Airbus warned supplier Zodiac that it must not let itself be distracted by its planned tie-up with aero engine maker Safran , adding that the seat maker still had work to do after delays in supplying cabin equipment.
PARIS Airbus said engine maker Pratt & Whitney still had to make an effort to improve on deliveries of engines for the A320neo jet, which were hit by delays last year.
PARIS, Feb 22 Airbus said engine maker Pratt & Whitney still had to make an effort to improve on deliveries of engines for the A320neo jet, which were hit by delays last year.
PARIS, Feb 22 European aerospace group Airbus took a new 1 billion euros ($1.1 billion) charge for its troubled A400M military aircraft programme as it posted higher than expected core earnings and revenues for 2016.